The
new representative office will be responsible for the promotion of the
MetaTrader trading platforms and the TeamWox business management system. The joint
effort of MetaQuotes Software and Derivative System Technologies is aimed at
increasing the MetaTrader customer base in this region and expanding the
geography of sales. Potential customers of Derivative System Technologies are
local banks and brokers. The new partner's priority plans include the
integration of the MetaTrader 5 platform with the
Johannesburg Stock Exchange (JSE) and other African exchanges.

"We
are happy to sign an agreement with MetaQuotes Software, which is the largest
developer of software for financial markets", states André van
der Walt, the head of Derivative System Technologies. "Since the
establishment in 1999, our company has been successfully developing software
for various brokerage firms and members of the Johannesburg Stock Exchange JSE.
Derivative System Technologies team consists of experienced professionals,
providing both software development services and technical support. In
addition, we are well attuned to local peculiarities and know how to work with
local customers. In combination with MetaQuotes' wide possibilities, this is
the key to taking the leading position in the region."